Archive for May 1st, 2008

Position Update

May 01st, 2008 | Category: Position Update

Both Shorts stopped out for about +8pips.(High of +90 and +45 Pips)

USD ISM Numbers came in better than expected (48.6 to 48.0) which lead to the rebound stopping me out imho.

Also weekly support 1 was hit. (Would have been the best target).

GPBJPY 1H

Now i watch it fall again my way;)

 

EDIT: Re-entered and closely monitoring.

EDIT: Got stopped out. I call it quits for today. 

 

 

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News

May 01st, 2008 | Category: News

Position Update

May 01st, 2008 | Category: Position Update

(Today i have time for monitoring ;)

I shorted GPB/JPY  one time @ 205.80 and second position @ 205.49.

First position Stop is @ BE allready..

GPBJPY 1H

 

 

Can u see that i was right for direction again but my stop was again too tight? (i speak of tonights positions)..

Also the pound is getting pounded today ;)

 

 

 

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Misc

May 01st, 2008 | Category: misc

Here an a Article by the Maoxian

Rewriting the Recent Fed Statement

Read it ;)

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Position Update

May 01st, 2008 | Category: Position Update

I had to 2 Shorts @ GPB/USD , GPB/JPY for today..

both got stopped out (GPB/JPY high was +70pips)..

I decided to concentrate on 4H trades for the next few weeks until i have enuff time to manage daytrading again..i simply lost to many winners because i was not available to monitor them closely.

 

 

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